Intergenerational Transfers and Political Support for the Welfare State
Supporters of the welfare state might see it as a mechanism for transferring income from rich to poor with the idea of helping those at the bottom
Supporters of the welfare state might see it as a mechanism for transferring income from rich to poor with the idea of helping those at the bottom
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A currency is only as safe as the bank that stores it. Nowhere is this more apparent than in the recent turmoil in the bitcoin community.
Bernanke is absolutely savaged in the comments to this CNBC video detailing his $250K speaking fee (